(Reuters) - The euro gained 1 percent against the dollar in early Asia-Pacific trade on Monday, as it extended its recovery from 14-month lows after German lawmakers and the International Monetary Fund approved rescue packages for Greece.
The euro traded around $1.2870 from $1.2715 late on Friday in New York.
Against the yen the single currency was up around 1.8 percent at 118.83 yen.
The Aussie dollar also gained in early trade to $0.8946 from $0.8862 in New York.
The International Monetary Fund approved a 30 billion euro package for Greece, with the first payment available this week. It also said it was not in talks with Portugal or Spain
http://www.reuters.com/article/idUSTRE6482GK20100509
The euro traded around $1.2870 from $1.2715 late on Friday in New York.
Against the yen the single currency was up around 1.8 percent at 118.83 yen.
The Aussie dollar also gained in early trade to $0.8946 from $0.8862 in New York.
The International Monetary Fund approved a 30 billion euro package for Greece, with the first payment available this week. It also said it was not in talks with Portugal or Spain
http://www.reuters.com/article/idUSTRE6482GK20100509